No it’s far less, COST Is half 1 %. Average it out it’s hardly 2%. Better be holding for growth with half a percent dividend, which is what COST holders hold for. for good dividends you can find 5% floor stocks that are very safe. I actually discuss my biggest holding in my recent Trad-Fi post. I bought at $29 when paying 10%. It’s doubled past 18 months and though only 5% plus for new buyers, this is a safe dividend play.
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I dont know what cost is?
I do invest and hold for dividends :D